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BYD celebrates 7 million new energy vehicle (NEV) production milestone

Teslarati

As noted by the Chinese automaker in a post on Weibo, its 7 millionth NEV is an N7 SUV from the company’s premium sub-brand Denza. Denza was established as a joint venture between BYD and Daimler way back in 2011, but over the years, the Chinese NEV maker has taken a larger stake in the company.

BYD 118
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Zomato, Kotak Mahindra and Gogoro join hands to advance the ownership of EVs

Electric Vehicles India

” He also added, “Gogoro Network battery swapping and vehicles provide a proven track record of safety and security that Non-Banking Financial Companies (NBFCs) like Kotak Prime can embrace and support. Kotak Mahindra Prime Limited (KMPL) is a non-banking financial company (NBFC) that specializes in vehicle financing.

India 88
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Hagerty Canceling Detroit Concours d'Elegance for 2024

The Truth About Cars

While the company has stated that it remains committed to the Concours, the messaging was mixed enough to leave doubts about whether there will actually be another one. Additionally, it speculated that Hagerty was worried about finances after prioritizing growth. John's in Plymouth in 2011.

Detroit 105
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Opel Ampera extended range electric vehicle starts at 42,900, including VAT

Green Car Congress

Opel has priced the 2011 Ampera, the Chevy Volt’s European cousin ( earlier post ), starting at €42,900 (US$58,786), including national VAT. Customers wishing to reserve an Ampera can register at www.opel-ampera.com and become an ‘ePioneer’, receiving exclusive news and a chance to test drive the electric car.

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Auto Loan Delinquencies Reach Record Levels

The Truth About Cars

Automotive News covered the release, noting that the recession-era high for both 2009 and 2010 was just 1.46 & From Automotive News : "The interest rate rise is squeezing the monthly budget for the average American consumer," Jill Louden, product management associate director for S&P Global Mobility, said in a statement.

Auto 98
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Tesla shareholder sells home to load up on stock, and it’s already paying off

Teslarati

He began buying the 10,000 additional shares slowly over the last several weeks on margin, or using a loan from a brokerage to buy more shares, in the $128-139 range before the company’s most recent Earnings Call. “I ordered a Model S in 2011 and took delivery in 2013. Follow us for interactive news & more.

Tesla 141
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Automobile Information Europe honors the 2023 Emerging Stars

Baua Electric

Because the program used to be began in 2011, Automobile Information Europe has awarded greater than 230 Emerging Stars. Automotive News Europe Associate Publisher & Editor Luca Ciferri said. Nominations are authorized from automakers, providers, car carrier and mobility suppliers and retail/aftersales companies.